Question: Question Completion Status: SO 8 10 13 1500 17 18 19 20 21 24 26 Moving to another question will save this response. Question 17

Question Completion Status: SO 8 10 13 1500 17 18 19 20 21 24 26 Moving to another question will save this response. Question 17 The risk that a security cannot be sold at a predictable price with low transaction costs at short notice is called liquidity risk True False Moving to another question will save this response. MacBook Air

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1. What is the cause of the problems described in this case? How serious are these problems? How would you quantify the potential financial risk to R&R?

5. Why do you think system performance in terms of waiting time changed as it did? Why did customer behavior changed as it did?

3. How effective is the memo in Exhibit 4 in clarifying the distinction between sell and non-sell time?